GDLFX vs. GLD
Compare and contrast key facts about Gotham Defensive Long 500 Fund (GDLFX) and SPDR Gold Trust (GLD).
GDLFX is managed by Gotham. It was launched on Sep 29, 2016. GLD is a passively managed fund by State Street that tracks the performance of the Gold Bullion. It was launched on Nov 18, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GDLFX or GLD.
Correlation
The correlation between GDLFX and GLD is 0.04, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GDLFX vs. GLD - Performance Comparison
Key characteristics
GDLFX:
1.59
GLD:
3.00
GDLFX:
2.23
GLD:
3.77
GDLFX:
1.29
GLD:
1.51
GDLFX:
2.64
GLD:
5.65
GDLFX:
7.38
GLD:
15.43
GDLFX:
2.38%
GLD:
2.97%
GDLFX:
11.08%
GLD:
15.34%
GDLFX:
-34.76%
GLD:
-45.56%
GDLFX:
0.00%
GLD:
0.00%
Returns By Period
In the year-to-date period, GDLFX achieves a 8.01% return, which is significantly lower than GLD's 11.86% return.
GDLFX
8.01%
4.56%
4.90%
16.50%
8.61%
N/A
GLD
11.86%
8.66%
16.67%
44.48%
11.90%
8.94%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GDLFX vs. GLD - Expense Ratio Comparison
GDLFX has a 1.35% expense ratio, which is higher than GLD's 0.40% expense ratio.
Risk-Adjusted Performance
GDLFX vs. GLD — Risk-Adjusted Performance Rank
GDLFX
GLD
GDLFX vs. GLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Gotham Defensive Long 500 Fund (GDLFX) and SPDR Gold Trust (GLD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
GDLFX vs. GLD - Dividend Comparison
Neither GDLFX nor GLD has paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
GDLFX Gotham Defensive Long 500 Fund | 0.00% | 0.00% | 0.00% | 0.26% | 0.61% | 1.13% | 0.60% | 0.61% | 0.63% |
GLD SPDR Gold Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GDLFX vs. GLD - Drawdown Comparison
The maximum GDLFX drawdown since its inception was -34.76%, smaller than the maximum GLD drawdown of -45.56%. Use the drawdown chart below to compare losses from any high point for GDLFX and GLD. For additional features, visit the drawdowns tool.
Volatility
GDLFX vs. GLD - Volatility Comparison
The current volatility for Gotham Defensive Long 500 Fund (GDLFX) is 3.45%, while SPDR Gold Trust (GLD) has a volatility of 3.92%. This indicates that GDLFX experiences smaller price fluctuations and is considered to be less risky than GLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.